|
|
Article: Charter Communications Announces Solid First Quarter Results; Digital Video and High-Speed Data Deployments Exceed Expectations.
- Article from:
- Business Wire
- Article date:
- May 2, 2001
CopyrightCOPYRIGHT 2001 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
Business Editors
ST. LOUIS--(BUSINESS WIRE)--May 2, 2001
Charter Communications, Inc. (Nasdaq: CHTR) today reported revenue and operating cash flow growth at the high end of previously stated guidance for the first quarter of 2001. Digital video and high-speed data service additions during the three-month period ended March 31, 2001 exceeded the company's expectations, according to Jerry Kent, President and CEO.
First Quarter Financial Highlights
For the first quarter of 2001 revenues increased 14.4% to $873.8 million, and operating cash flow (OCF) increased 9.7% to $387.9 million compared to the pro forma results for the first quarter ...